[DECA] Chapter Four

1234567891011121314
Across
  1. 2. Cost involved in operating a business
  2. 5. Period of time for which a business summarizes accounting information and prepares financial statements
  3. 7. Financial statement that summarizes changes in the owner’s equity during a fiscal period
  4. 9. Businessdebts,or what a business owes
  5. 10. Financial statement that reports the assets, liabilities, and owner’s equity of an organization
  6. 13. revenue earned from selling goods or services
  7. 14. review of the financial statements of a business and the accounting practices that were used to produce them
Down
  1. 1. Financial statement that reports how cash moves into and out of a business
  2. 3. Money and other assets owned by a business and used to produce goods and services
  3. 4. Financial statement that reports the revenue and expenses of a business for a specific time period and shows a net income or net also called profit and loss(P&L)statement
  4. 6. Money that a business earns for the goods and services it sells also called income
  5. 8. Difference between current assets and current liabilities
  6. 11. property or items of value owned by a business
  7. 12. Rules, standards, and practices that a business follows to record and report financial information